Muhammad Imran, Finance Manager

Muhammad Imran

Finance Manager

Alcantara Holding Company

Location
Kuwait - Al Farawaniyah
Education
Bachelor's degree, B.com
Experience
14 years, 5 Months

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Work Experience

Total years of experience :14 years, 5 Months

Finance Manager at Alcantara Holding Company
  • Kuwait - Al Kuwait
  • My current job since June 2021

• Oversaw the financial operations of the holding company and its 8 subsidiaries, ensuring accurate and timely financial reporting.
• Consolidated financial statements for all subsidiaries, ensuring compliance with IFRS standards.
• Developed and implemented financial policies, procedures, and internal controls to ensure efficient financial management across all subsidiaries.
• Prepared and reviewed monthly, quarterly, and annual financial statements, including variance analysis and performance reporting.
• Managed the budgeting and forecasting process for the holding company and subsidiaries, including revenue projections, expense planning, and cash flow management.
• Conducted financial analysis to identify trends, variances, and areas for improvement, providing actionable insights to senior management.
• Coordinated with external auditors for annual audits, ensuring timely provision of required documentation and addressing audit findings.
• Supervised and mentored a team of finance and accounting professionals, fostering a collaborative and high-performance team environment.
• Developed and maintained financial models to support business planning, investment decisions, and strategic initiatives.
• Collaborated with subsidiary finance teams to streamline processes, improve financial performance, and ensure alignment with overall company objectives.
• Provided financial analysis and reporting to support decision-making processes and strategic planning for the holding company and its subsidiaries.

Chief Accountant at JAHARA INDUSTRIAL
  • Kuwait - Al Jahra
  • December 2019 to June 2021

Batek Industry Company
12/2019 - 06/2021 JAHARA INDUSTRIAL, KUWAIT

• Led financial planning and analysis process, resulting in improved forecasting accuracy and timely budget adjustments.
• Implemented cost-saving strategies resulting in a 15% reduction in operational expenses.
• Conducted month-end and year-end close processes, including the preparation of journal entries, account reconciliations, and variance analysis.
• Developed and maintained internal controls to safeguard company assets and ensure the accuracy of financial reporting.
• Analyzed financial data to identify trends, variances, and areas for improvement, providing actionable insights to senior management.
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis.
• Collaborated with production and operations teams to streamline processes, control costs, and improve overall financial performance.
• Monitored and reported on the financial performance of the company, including key performance indicators (KPIs) relevant to the manufacturing sector.
• Developed and implemented financial policies, procedures, and internal controls to support the companys strategic objectives and ensure regulatory compliance.

Accounting Manager at Shuwaikh Industrial
  • Kuwait - Al Kuwait
  • August 2015 to December 2019

Extreme Company for Sports & Marine Equipments
08/2015 - 12/2019 SHUWAIKH INDUSTRIAL, KUWAIT

• Managed and oversaw the daily operations of the accounting department, including accounts payable/receivable, general ledger, and bank reconciliations.
• Prepared and reviewed monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards.
• Conducted month-end and year-end close processes, including the preparation of journal entries, account reconciliations, and variance analysis.
• Developed and maintained internal controls to safeguard company assets and ensure the accuracy of financial reporting.
• Analyzed financial data to identify trends, variances, and areas for improvement, providing actionable insights and recommendations to senior management.
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis.
• Coordinated with external auditors during annual audits, ensuring the timely provision of required documentation and addressing audit findings.
• Ensured compliance with tax regulations, including the preparation and submission of tax returns and liaising with tax authorities.
• Collaborated with other departments to streamline accounting processes, improve financial performance, and support strategic initiatives.
• Managed the implementation and maintenance of accounting software and systems, ensuring data integrity and efficiency.
• Provided financial analysis and reporting to support decision-making processes and strategic planning.

Chief Accountant at Green Wing Group (Anotah Brand)
  • Kuwait - As Salimiyah
  • March 2013 to August 2015

• Managed and supervised the daily accounting operations, including accounts payable/receivable, general ledger, inventory accounting, and bank reconciliations.
• Managed costing and pricing strategies, ensuring accurate allocation of costs and effective pricing models
• Collaborated with merchandising and operations teams to streamline processes, control costs, and improve overall financial performance
• Provided financial analysis and reporting to support decision-making processes and strategic planning for the retail operations.
• Oversaw inventory management, ensuring accurate tracking and reporting of inventory levels, cost of goods sold, and inventory valuation
• Prepared financial models to support business planning, investment decisions, and strategic initiatives within the retail secto
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis

Financial Analysts at Green Wing Readymade Garments Company
  • Kuwait - As Salimiyah
  • March 2012 to February 2013

• Conducted detailed financial analyses, including forecasting, budgeting, and variance analysis.
• Prepared comprehensive financial reports, summaries, and presentations for management and stakeholders.
• Analyzed financial data to identify trends, variances, and potential areas for improvement.
• Assisted in the preparation of annual budgets, including expenditure analysis and revenue projections.
• Evaluated and processed financial proposals, ensuring compliance with budgetary guidelines and financial policies.
• Developed and maintained financial models to support business planning and decision-making processes.
• Reviewed and analyzed financial statements, ensuring accuracy and compliance with accounting standards.
• Collaborated with department heads to review financial performance and recommend budget adjustments.

Senior accountant at Green Wing Readymade Garments Company
  • Kuwait - As Salimiyah
  • June 2008 to February 2012

• Managed and oversaw the daily operations of the accounting department, including accounts payable/receivable, general ledger, and bank reconciliations.
• Prepared and reviewed financial statements, ensuring accuracy and compliance with regulatory standards.
• Conducted month-end and year-end close processes, including journal entries, account reconciliations, and variance analysis.
• Developed and maintained internal controls to safeguard company assets and ensure accurate financial reporting.
• Analyzed financial data to identify trends, variances, and areas for improvement, providing actionable insights to management.
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis.
• Coordinated with external auditors for annual audits, providing necessary documentation and addressing audit findings.
• Supervised and trained junior accounting staff, ensuring adherence to best practices and company policies.

Education

Bachelor's degree, B.com
  • at Punjab University
  • September 2024

B.Com

Master's degree, M .com
  • at Allama Iqbal Open University
  • March 2024
Bachelor's degree, Commerce & Accouting Bachelor's degree, (B.com)
  • at University of the Punjab
  • September 2005

Specialties & Skills

Balance
General Ledger
Preparation
Peach tree
team management
planning
reconciliation
accounting
ACCOUNTING
ACCOUNTS PAYABLE
FINANCIAL DATA
MANAGEMENT
GENERAL LEDGER
OPERATIONS
VARIANCE ANALYSIS
FINANCIAL ANALYSIS
FINANCIAL STATEMENTS
INTERNAL CONTROLS
Retail pro 9
Retail pro 8
Quick book
teamwork
annual budgets
payroll
microsoft powerpoint

Languages

English
Expert
Arabic
Intermediate

Hobbies

  • Reading books and ceating new ideas
    I won award as fastest completion of business initiatives set by company CEO